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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 2)(1)
SAPIENT CORPORATION
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
803062 10 8
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(CUSIP Number)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP NO. 803062 10 8 SCHEDULE 13G PAGE 2 OF 9 PAGES
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(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jerry A. Greenberg
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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(5) SOLE VOTING POWER
3,588,609 shares
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NUMBER OF (6) SHARED VOTING POWER
SHARES 1,683,020 shares held by The Jerry A. Greenberg Eight
BENEFICIALLY Year Qualified Annuity Trust 1996, of which Mr. Greenberg
OWNED BY and Mr. Samuel C. Sichko are the co-trustees and over
EACH which Mr. Greenberg and Mr. Sichko share voting control.
REPORTING -------------------------------------------------------------
PERSON (7) SOLE DISPOSITIVE POWER
WITH 3,588,609 shares
-------------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,390,571 shares (Includes 261,701 shares held by The
Jerry A. Greenberg Three Year Qualified Annuity Trust
1996, 1,683,020 shares held by The Jerry A. Greenberg
Eight Year Qualified Annuity Trust 1996 and 445,850
shares held by The Jerry A. Greenberg Three Year
Qualified Annuity Trust 1997. Mr. Greenberg and
Mr. Samuel C. Sichko are the co-trustees of each of these
trusts and share dispositive power over the shares held
by the trusts.)
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,979,180 shares (Includes 261,701 shares held by The Jerry A. Greenberg
Three Year Qualified Annuity Trust 1996, 1,683,020 shares held by The
Jerry A. Greenberg Eight Year Qualified Annuity Trust 1996 and 445,850
shares held by The Jerry A. Greenberg Three Year Qualified Annuity Trust
1997.) Mr. Greenberg disclaims beneficial ownership of the shares held
by the trusts except to the extent of his proportionate pecuniary
interest therein.
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
22.4%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 803062 10 8 SCHEDULE 13G PAGE 3 OF 9 PAGES
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(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Samuel C. Sichko, Esq
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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(5) SOLE VOTING POWER
261,701 shares held by The Jerry A. Greenberg Three Year
Qualified Annuity Trust 1996, and 445,850 shares held by
The Jerry A. Greenberg Three Year Qualified Annuity Trust
1997. Mr. Sichko is a co-trustee of, and has sole voting
control over, both trusts.
NUMBER OF -------------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY 1,683,020 shares held by The Jerry A. Greenberg Eight
OWNED BY Year Qualified Annuity Trust 1996, of which Mr. Greenberg
EACH and Mr. Sichko are the co-trustees and over which
REPORTING Mr. Greenberg and Mr. Sichko share voting control.
PERSON -------------------------------------------------------------
WITH (7) SOLE DISPOSITIVE POWER
0 shares
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(8) SHARED DISPOSITIVE POWER
2,390,571 shares (Includes 261,701 shares held by The
Jerry A. Greenberg Three Year Qualified Annuity Trust
1996, 1,683,020 shares held by The Jerry A. Greenberg
Eight Year Qualified Annuity Trust 1996 and 445,850
shares held by The Jerry A. Greenberg Three Year
Qualified Annuity Trust 1997. Mr. Greenberg and Mr.
Sichko are the co-trustees of each of these trusts and
share dispositive power over the shares held by the
trusts.)
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Mr. Sichko has no pecuniary interest in any of the shares held by any of
The Jerry A. Greenberg Three Year Qualified Annuity Trust 1996, The
Jerry A. Greenberg Eight Year Qualified Annuity Trust 1996, and The
Jerry A. Greenberg Three Year Qualified Annuity Trust 1997 and Mr. Sichko
disclaims beneficial ownership of all such shares.
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 803062 10 8 SCHEDULE 13G PAGE 4 OF 9 PAGES
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(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Jerry A. Greenberg Eight Year Qualified Annuity Trust 1996
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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(5) SOLE VOTING POWER
1,683,020 shares (voting control over these shares is
shared by Mr. Greenberg and Mr. Sichko, co-trustees of
the trust).
NUMBER OF -------------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY 0 shares
OWNED BY -------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
REPORTING 1,683,020 shares (dispositive control over these shares
PERSON is shared by Mr. Greenberg and Mr. Sichko, the
WITH co-trustees of the trust).
-------------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
0 shares
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,683,020 shares
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.3%
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(12) TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 803062 10 8 PAGE 5 OF 9 PAGES
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ITEM 1(a) NAME OF ISSUER:
Sapient Corporation
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE:
One Memorial Drive
Cambridge, Massachusetts 02142
ITEM 2(a) NAME OF PERSON FILING:
Jerry A. Greenberg for himself and on behalf of The Jerry A.
Greenberg Three Year Qualified Annuity Trust 1996, The Jerry A.
Greenberg Eight Year Qualified Annuity Trust 1996 and The Jerry
A. Greenberg Three Year Qualified Annuity Trust 1997, Samuel C.
Sichko, Esq. and The Jerry A. Greenberg Eight Year Qualified
Annuity Trust 1996
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Jerry A. Greenberg
c/o Sapient Corporation
One Memorial Drive
Cambridge, MA 02142
Samuel C. Sichko
c/o Peckham, Lobel, Casey, Prince & Tye LLP
585 Commercial Street
Boston, MA 02109-1024
The Jerry A. Greenberg Eight Year Qualified Annuity Trust 1996
receives correspondence c/o Mr. Sichko.
ITEM 2(c) CITIZENSHIP:
Both Mr. Greenberg and Mr. Sichko are citizens of the United
States of America.
The Jerry A. Greenberg Eight Year Qualified Annuity Trust 1996
is organized under the laws of the Commonwealth of
Massachusetts.
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CUSIP NO. 803062 10 8 PAGE 6 OF 9 PAGES
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ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value per share.
ITEM 2(e) CUSIP NUMBER
803062 10 8
ITEM 3 DESCRIPTION OF PERSON FILING:
Not applicable.
ITEM 4 OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED:
Mr. Greenberg has or shares voting or investment control over
5,979,180 shares. (Includes 261,701 shares held by The Jerry A.
Greenberg Three Year Qualified Annuity Trust 1996, 1,683,020
shares held by The Jerry A. Greenberg Eight Year Qualified
Annuity Trust 1996 and 445,850 shares held by The Jerry A.
Greenberg Three Year Qualified Annuity Trust 1997. Mr. Greenberg
is a co-trustee of each of these trusts.) Mr. Greenberg disclaims
beneficial ownership of the shares held by the trusts except to
the extent of his proportionate pecuniary interest therein.
Mr. Sichko is a co-trustee of each of The Jerry A. Greenberg Three
Year Qualified Annuity Trust 1996, The Jerry A./ Greenberg Eight
Year Qualified Annuity Trust 1996 and The Jerry A. Greenberg Three
Year Qualified Annuity Trust 1997 and as such has or shares voting
or investment control over 2,390,571 shares. Mr. Sichko does not
have any pecuniary interest in any of the shares held by these
trusts and disclaims beneficial ownership of all such shares.
The Jerry A. Greenberg Eight Year Qualified Annuity Trust 1996
holds 1,683,020 shares.
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CUSIP NO. 803062 10 8 PAGE 7 OF 9 PAGES
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(b) PERCENT OF CLASS:
Mr. Greenberg has or shares voting or investment control
over shares representing 22.4% of the issuer's outstanding
common stock.
Mr. Sichko has or shares voting or investment control over
shares representing 9.0% of the issuer's outstanding common
stock but disclaims beneficial ownership of all such shares.
The Jerry A. Greenberg Eight Year Qualified Annuity Trust
1996 holds shares representing 6.3% of the issuer's
outstanding common stock.
(c) NUMBER OF SHARES AS TO WHICH PERSON HAS:
(i) sole power to vote or to direct the vote:
Mr. Greenberg has the sole power to direct the vote of
3,588,609 shares.
Mr. Sichko has the sole power to direct the vote of the
261,701 shares held by The Jerry A. Greenberg Three
Year Qualified Annuity Trust 1996 and the 445,850
shares held by The Jerry A. Greenberg Three Year
Qualified Annuity Trust 1997. Mr. Sichko is a
co-trustee of, and has sole voting control over, both
trusts.
(ii) shared power to vote or to direct the vote:
Mr. Greenberg and Mr. Sichko share voting control over
the 1,683,020 shares held by The Jerry A. Greenberg
Eight Year Qualified Annuity Trust 1996, of which
Mr. Greenberg and Mr. Sichko are the co-trustees.
(iii) sole power to dispose or to direct the disposition of:
Mr. Greenberg has sole power to dispose of 3,588,609
shares.
Mr. Sichko has the sole power to dispose of 0 shares.
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CUSIP NO. 803062 10 8 PAGE 8 OF 9 PAGES
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(iv) shared power to dispose or to direct the disposition
of:
Mr. Greenberg and Mr. Sichko share dispositive power
over 2,390,571 shares. (Consists of 261,701 shares held
by The Jerry A. Greenberg Three Year Qualified Annuity
Trust 1996, 1,683,020 shares held by The Jerry A.
Greenberg Eight Year Qualified Annuity Trust 1996 and
445,850 shares held by The Jerry A. Greenberg Three
Year Qualified Annuity Trust 1997. Mr. Greenberg and
Mr. Sichko are the co-trustees of each of these
trusts.)
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable.
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
During the terms of The Jerry A. Greenberg Three Year Qualified
Annuity Trust 1996, The Jerry A. Greenberg Eight Year Qualified
Annuity Trust 1996 and The Jerry A. Greenberg Three Year Qualified
Annuity Trust 1997 Mr. Greenberg is the only beneficiary of such
trusts.
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not applicable.
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not applicable.
ITEM 9 NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
ITEM 10 CERTIFICATION:
Not applicable.
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CUSIP NO. 803062 10 8 PAGE 9 OF 9 PAGES
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATED: February 12, 1999
/s/ JERRY A. GREENBERG
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Jerry A. Greenberg, individually and as
co-trustee of The Jerry A. Greenberg
Three Year Qualified Annuity Trust
1996, The Jerry A. Greenberg Eight
Year Qualified Annuity Trust 1996 and
The Jerry A. Greenberg Three Year
Qualified Annuity Trust 1997
/s/ SAMUEL C. SICHKO
---------------------------------------
Samuel C. Sichko, individually and as
co-trustee of The Jerry A. Greenberg
Three Year Qualified Annuity Trust
1996, The Jerry A. Greenberg Eight
Year Qualified Annuity Trust 1996 and
The Jerry A. Greenberg Three Year
Qualified Annuity Trust 1997
